Amherst Town, Massachusetts Income Statistics
Amherst Town Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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F
Amherst Town Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Amherst Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Household Income | $68,751 | $104,336 | $80,455 |
| Median Personal Income | $69,612 | $80,230 | $60,758 |
| Average Yearly Income Growth | 5.3% | 4.9% | 4.8% |
| Six-Figure Earners | 8.9% | 20.6% | 13.9% |
| $200k+ Households | 16.6% | 22.3% | 13.2% |
The median household income in Amherst Town is about 34% lower than in Massachusetts. Income has been growing faster in Amherst Town (5.3%/yr) than in Massachusetts (4.9%/yr).
About 9% of adults in Amherst Town earn six figures ($100,000 or more) a year, lower than the Massachusetts average of 21%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Amherst Town, Massachusetts grew by 55.4% from 2009 to 2024, reaching $68,751 in 2024. That's an average of about 5.3% per year.
Income Inequality and the Gender Pay Gap in Amherst Town
| Metric | Amherst Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.699 | 0.531 | 0.552 |
| Male Median Income | $75,162 | $90,842 | $69,667 |
| Female Median Income | $73,728 | $75,629 | $56,850 |
| Gender Pay Gap | 1.9% | 16.7% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Amherst Town, it is 0.699, higher than Massachusetts's 0.531, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 2% more than women's income in Amherst Town, Massachusetts. Over a 35-year career, a 2% wage gap accumulates to roughly $50,190 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Amherst Town, Massachusetts has narrowed from about 28% to 2% in 2024. Over that period the gap was widest at 41% in 2013. In dollar terms, the gap has narrowed by $17,611 since 2009.
Employment
| Metric | Amherst Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.7% | 5.1% | 5.2% |
| Working from Home | 21.0% | 18.6% | 15.0% |
| Commute time (minutes) | 15 | 25 | 22 |
Approximately 1,469 people are unemployed in Amherst Town, Massachusetts.
The average commute time in Amherst Town is 15 minutes, shorter than the 25 minutes in Massachusetts.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Amherst Town, Massachusetts has fallen from 11.0% to 7.7% in 2024. Over that period the rate peaked at 11.8% in 2013.
Amherst Town, MA Wealth Compared With Nearby Cities
How Amherst Town, MA compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Amherst Town, MA | 38,191 | $68,751 #2/2 | 5.3%/yr #1/2 | 7.7% #2/2 | 0.699 #2/2 |
| Northampton, MA | 30,986 | $81,289 | 3.4%/yr | 5.5% | 0.549 |
Conclusion
Considering all these factors, Amherst Town, Massachusetts has an overall wealth index grade of F, making it worse than Massachusetts, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Amherst Town, Massachusetts.
How Wealthy Is Amherst Town, Massachusetts?
Amherst Town has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $68,751, about 34% lower than the Massachusetts average of $104,336.
Are incomes growing in Amherst Town, Massachusetts?
Between 2009 and 2024, the median household income in Amherst Town, Massachusetts rose 55%, from $44,249 to $68,751. Over the same years, income here lagged behind Massachusetts as a whole: +55% against +61%.
What was the median household income in Amherst Town in 2023?
In 2023, the median household income in Amherst Town, Massachusetts was $68,338, down 4% from $71,096 in 2022. The Massachusetts median that year was $101,513.
What was the median household income in Amherst Town in 2020?
In 2020, the median household income in Amherst Town, Massachusetts was $58,087. By 2024 it had risen 18% to $68,751.
Is unemployment high in Amherst Town, Massachusetts?
Unemployment in Amherst Town, Massachusetts is 7.7%, well above the Massachusetts rate of 5.1%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Amherst Town, Massachusetts?
The Gini coefficient in Amherst Town is 0.699. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Amherst Town, Massachusetts?
Since 2009, the income gap between men and women in Amherst Town, Massachusetts has narrowed from about 28% to 2% in 2024. Over that period the gap was widest at 41% in 2013. In dollar terms, the gap has narrowed by $17,611 since 2009.
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